S Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 300 Revenue ($430.009) Expenses: Wages and salaries ($11,200+ $120.00q) Supplies ($4.00q) Equipment rental ($2,400 + $24.009) Insurance ($3,900) Miscellaneous ($550 + $1.46q) Total expense Net operating income $ 129,000 47,200 1,200 9,600 3,900 988 62,888 $ 66,112 During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Fouinment rental